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ADVERTISEMENT The total value locked in decentralized finance (DeFi) has annihilated $11 billion, according to DeFi analytics platform DeFi Pulse. The DeFi platform illustrates the red-hot streak of the total value locked (TVL) across decentralized finance protocols this year. Source: DeFi Pulse DeFi continues to be one of the fastest-growing sectors in the crypto industry. […]
ADVERTISEMENT Crypto influencer and investor Lark Davis is naming several crypto assets that he says have the potential to rise 100x and challenge Chainlink’s (LINK) dominance in the fast-growing oracle space. The first decentralized oracle challenger on the list is Band Protocol (BAND), which Davis says has upside potential after being subjected to a brutal […]
Bitcoin and altcoins are at risk of a deeper correction if they do not rise above their immediate resistance levels soon.
ADVERTISEMENT The Office of the Comptroller of the Currency says that federally regulated banks can continue holding stablecoin reserves from institutions provided that some regulatory conditions are met. In an interpretative letter signed by Senior Deputy Comptroller Jonathan Gould, the OCC provides the first national guidelines on how cryptocurrencies backed by fiat should be regulated. […]
ADVERTISEMENT Charles Hoskinson, the founder of Cardano, says the decentralized cryptocurrency project’s end goal is to provide a secure framework that offers people full-fledged economic identities. In a new interview with Slot Leader, Hoskinson refers to Cardano (ADA) as a “financial operating system” that can adopt new services and scale seamlessly to account for any […]
ADVERTISEMENT Harvest, a new decentralized finance (DeFi) platform built on the Kava blockchain, plans to launch services that will allow users to earn more on Bitcoin, XRP and three other cryptocurrencies. Harvest is Kava Labs’ first application. It will offer users opportunities to supply digital assets for lending and earn interest on them, as well […]
Crypto strategist Nicholas Merten is giving his market assessment amid the sudden pullback in Bitcoin, Ethereum, and altcoins. In a new DataDash episode, the crypto analyst says the broader crypto market has been due for a retracement after altcoin valuations skyrocketed this year. “The DEXes have been probably the clearest indicator that we were […]
ADVERTISEMENT A closely-followed crypto analyst and trader believes that XRP is set to launch its long-awaited bull rally. In a new tweet, Credible Crypto tells his crew of 67,000 that the fourth-largest cryptocurrency has finally bottomed out and it is now poised to ignite its bull run. It’s time. $XRP pic.twitter.com/G0WMIiKi6L — Credible Crypto […]
ADVERTISEMENT One of the wealthiest Bitcoin investors on record remains unconvinced that Bitcoin will rally anytime soon even after a bullish BTC prediction from a major news outlet. In a new tweet, the pseudonymous trader Joe007 disagrees with a Bloomberg Crypto update suggesting that Bitcoin has entered bull territory for the first time since […]
ADVERTISEMENT Andre Cronje, the creator of the immensely successful yearn.finance protocol, is now backing a new decentralized finance (DeFi) project. In a Medium post, Alan, the pseudonymous creator of the controversial SAFE token, says he is now pivoting with a rebrand, and claims that he has Andre Cronje’s support. SAFE is a governance token […]
